Evergy reported third quarter 2026 adjusted earnings of $609.9 million, or $2.58 per share, significantly exceeding analyst expectations. Results were primarily driven by warmer weather, record peak demand in the Southwest Power Pool, and increased revenue from large customer accounts.

Key Highlights

  • Adjusted EPS of $2.58 exceeded the consensus estimate of $2.30 and improved from $2.03 in the prior year period.
  • Raised fiscal year 2026 adjusted EPS guidance to a range of $4.35–$4.50, up from the original $4.14–$4.34 range.
  • Expanded the data center pipeline via a Letter of Intent with Digital Realty for a 1.4 GW expansion and signing amendments for 250 MW of incremental load.
  • Reaffirmed a long-term adjusted EPS annual growth target of 6% to 8%+ through 2030 and declared a 4% dividend increase to $0.7225 per share.